Lovely. They created these processes to comply with a bunch of regulations and are doing so for your protection. There's no such thing as too much security and they can't be too careful can they? But if there was $200,000 or $2,000,000 in the account, you'd definitely want them to be more careful. And if they made it too easy to transfer out amounts less than $200 or $2000, someone in Nigeria will write a script to drain all those the accounts and run away with millions. Can't win this game.livesoft wrote: ↑Sun Sep 16, 2018 4:55 pm...So far we spent an entire football game working on this. If I was billing out my hours for this, I would charge over $500 for this service. Who would pay $500 in order to get less than $200? I can see how a Vanguard CSR would just want to throw up their hands for working on some of these rollovers.
I'll update as this rollover rolls along.
Bottom line: Try to do rollovers of small accounts as soon as possible before you forget all the details. And don't get rid of your land line until you have all your old accounts in order and can update the phone number on them.
Avoid these small accounts whenever possible and that's good advice so take care of them ASAP.